On-Line Holiday Gifts for Charities and Donors
Numerous on-line companies are offering holiday promotions to benefit charities -- largely in the hopes that doing so will attract the attention of consumers and lead them to use Internet services to make financial transactions. Among the seasonal opportunities for charities and donors: * Yahoo, an…
By Marilyn Dickey
Senior Editor, Copy
ALSO SEE: Grants Grew by 17% Last Year Foundation Trends State and Regional Data, 1998 Number of foundations Assets Gifts received Expenditures Total grants Amount Per cent Amount Per cent Amount Per cent Amount Per cent Amount Per cent New England 4,408 9.4% $17,316,052,000 4.5% $987,178,000 4.4%…
Business Leaders Announce New Crusade to Increase Corporate Giving
Some of the nation’s top business leaders, along with the actor and businessman Paul Newman, today announced the formation of a new group to help spur corporate giving. The group, called the Committee to Encourage Corporate Philanthropy, says its goal is to increase the total amount of annual…
By Debra E. Blum
Contributor
How Different Payout Rates Affect a Foundation’s Assets and Spending
ALSO SEE: To Live Forever, Foundations Should Give Away the Minimum, Reports Say Copyright © 1999 The Chronicle of Philanthropy
Community Foundations’ Assets, Gifts, and Grants in 1998
ALSO SEE: Community Foundations See Sharp Growth in Assets Growth in ‘Supporting Organizations’ at Community Funds SOURCE: COLUMBUS FOUNDATION Top 50 1. New York Community Trust $1,759,019,641 2. Cleveland Foundation $1,459,345,964 3. Marin Community Foundation (Cal.) $1,020,373,000 4. Chicago…
Growth in ‘Supporting Organizations’ at Community Funds
ALSO SEE: Community Foundations See Sharp Growth in Assets Community Foundations’ Assets, Gifts, and Grants in 1998 Copyright © 1999 The Chronicle of Philanthropy
Retirement-Plan Information Available on Web Site
The I.R.S. has released guidelines for its agents to use when auditing non-profit organizations’ tax-sheltered annuities -- known as 403(b) retirement plans after the section of the tax code that governs them. The guidelines may be found on the I.R.S. Web site at…
By GRANT WILLIAMS
Contributor
Impending Departures at IRS Prompt Concern
The news that two top officials will leave the I.R.S.'s Exempt Organizations Division has stirred concern among non-profit tax experts about the ability of the federal government to regulate charities, at least in the short run. Marc Owens, director of the Exempt Organizations Division since 1990,…
By GRANT WILLIAMS
Contributor
Trends in Bequests Are Detailed by IRS
Wealthy Americans who leave money to charity when they die give the largest share of their gifts -- nearly one-third -- to educational, medical, or scientific institutions, according to figures from the Internal Revenue Service. Private foundations are the next biggest beneficiary of such bequests,…
By Debra E. Blum
Contributor
The following awards have been presented for work in philanthropy, fund raising, volunteerism, and non-profit management: Arts and humanities. The President’s Committee on the Arts and Humanities and the National Endowment for the Arts (Washington) have named the recipients of the 1999 Coming Up…